Jesús Arturo Devesa

Economist , MBA

Impact of Fiscal deficit reduction policies over economic sectors

Ideas and data for congressmen and senators:

Economic stimulus, deficit reduction and confidence in the government:

Our research about economic recessions indicates that putting the jobless on public payrolls doesn't reduce unemployment but increases fiscal deficits, and the combination of economic stimulus with deficit reduction is not credible to the economy and the markets.

Without public confidence in the government it takes more time to the economy to grow.

It is a very dangerous perception for the markets and the economy to think that there is not public confidence in the government.

Confidence-building is a complicated task.


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